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On January 1, 2014, Rowley Company purchased a truck that cost $39,000. The truck had an expected useful life of 4 years and a $3,000
On January 1, 2014, Rowley Company purchased a truck that cost $39,000. The truck had an expected useful life of 4 years and a $3,000 salvage value. The amount of depreciation expense recognized in 2014 assuming that Rowley uses the double declining balance method is: Multiple Choice $19.500. $9,000 59.750 $1B.000
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